Gaithersburg Home Sales Report February 2020

Gaithersburg Real Estate

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How's the Real Estate Market in Gaithersburg MD?

Gaithersburg home sales saw the following changes in

February 2020 compared to last year at this time:

- average sold price was $429,766 compared to last year's $394,594

- average days on market to sell a home went to 37 days from 49 days

- average sold price sellers are getting changed to 98.7% from 97.7%

Gaithersburg market activity is summarized in the following chart (mouse over for details):

Gaithersburg Homes Sold

Through February 2020 there were 36 single family homes, 42 townhouses and 41 condos sold.The most expensive single family was sold for $930,000 in the Kentlands.    The most expensive townhome sold for $710,000 in Crown Farm. The most expensive condo sold for $775 in the Kentlands.  There was 16 cash buyers (mostly investors) or 14.6% of buyers.

The chart below shows average home price in Gaithersburg by type.

Are Sellers Getting Their Asking Price in Gaithersburg?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions.  You can see more details in our Gaithersburg Property Value Report.

How Long is it Taking to Sell a Home?

In February 2020, the average days on market was 37 compared to 49 days the same time last year. You can see more market statistics in our Gaithersburg Real Estate Trends Market Report.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.  Search for Gaithersburg homes for sale, save your favorites and get updates:

$209,999
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,441
SQFT
Mills Choice Cod #1
19009 Mills Choice Road 1
Gaithersburg, MD 20886
New Listing - 3 weeks online
$210,990
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
946
SQFT
Willow Wood Codm #103
7903 Badenloch Way 103
Gaithersburg, MD 20879
New Listing - 2 weeks online
$212,600
Condo For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
1,150
SQFT
Windbrooke Codm #48
48 Windbrooke Circle 48
Gaithersburg, MD 20879
$219,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,365
SQFT
40 Michael Court 26 #26
Gaithersburg, MD 20877
Newport Estates Subdivision
$220,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,287
SQFT
405 Christopher Avenue 39 #39
Gaithersburg, MD 20879
Hyde Park Subdivision
$225,000
Townhouse For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
960
SQFT
9709 Docena Drive 1 #1
Gaithersburg, MD 20886
Nathans Hill - Montg Vll Subdivision
$229,900
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,026
SQFT
Newport Est Sec #289
16 Anna Court 289
Gaithersburg, MD 20877
$230,000
Commercial For Sale
Active
MONTGOMERY
COUNTY
Fairview Bldg Co #301
438 N Frederick Avenue 301
Gaithersburg, MD 20877
$237,200
Commercial For Sale
Active
MONTGOMERY
COUNTY
438 Frederick Avenue N 210 #210
Gaithersburg, MD 20877
 
New Listing - a week online
$238,000
Condo For Sale
Pending
2
BEDS
1
TOTAL BATH
1,228
SQFT
900 Windbrooke Drive
Gaithersburg, MD 20879
Windbrooke Codm Subdivision
$239,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,717
SQFT
Brighton West Co #9-H
786 West Side Drive 9-H
Gaithersburg, MD 20878
$239,900
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
1,026
SQFT
Washington Tower #405
9701 Fields Road 405
Gaithersburg, MD 20878
$245,000
Commercial For Sale
Pending
MONTGOMERY
COUNTY
Diamond Farm (Co #B
841 Quince Orchard Boulevard B
Gaithersburg, MD 20878
New Listing - 3 weeks online
$245,000
Townhouse For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,044
SQFT
10821 Badger Drive
Gaithersburg, MD 20879
Seneca Whetstone Subdivision
$245,000
Commercial For Sale
Pending
MONTGOMERY
COUNTY
Diamond Farm (Co #A
841 Quince Orchard Boulevard A
Gaithersburg, MD 20878
New Listing - 4 weeks online
$245,000
Townhouse For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
1,068
SQFT
18783 Nathans Place
Gaithersburg, MD 20886
Nathans Hill - Montg Vil Subdivision
$245,000
Townhouse For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
1,286
SQFT
Newport Est Sec #110
62 State Court 110
Gaithersburg, MD 20877
$249,500
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,365
SQFT
40 Federal Court
Gaithersburg, MD 20877
Newport Estates Subdivision
New Listing - 2 weeks online
$250,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,440
SQFT
20324 Bay Point Place
Gaithersburg, MD 20886
East Village Subdivision
Open House Sun, Feb 28, 12 PM UTC
Please verify times due to COVID-19
$255,000
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,286
SQFT
Newport Est Sec #137
16 Benji Court 137
Gaithersburg, MD 20877

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